$6,828 Closing Credit*
$575,000
2,039 SqFt
3 Beds
•2 Full Baths, 1 Partial
Joseph Burns, Listing Office: Coldwell Banker LIFESTYLES
Is New London, NH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, New London was a Buyer's Market.
Key Takeaway
New London is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New London, NH
How much do homes in New London, NH cost?
Median Sold Price
$665,000
$309/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$535,000(-44.6%)
Key Takeaway
Homes in New London have sold for 44.6% less than they did a month ago.
Summary: The median home sold price in New London was $665,000 in November 2024, down 44.6% from last month, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $365K | N/A |
| 2 Bedrooms | - | $300K | N/A |
| 3 Bedrooms | - | $665K | N/A |
| 4 Bedrooms | $1.2M | $1.5M | +27.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: New London housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 27.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sunapee | $376.2K | $729.5K | +93.9% |
| New London | $1.2M | $665K | -44.6% |
Housing Supply in New London, NH
How many homes are available in New London, NH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Summary: The New London real estate market had 13 homes for sale in November 2024, a 18.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New London housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 7 | +600.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New London, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in New London in November 2024, up by 600.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for New London, NH
We’re sorry, we don't have information for this market at the moment
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